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Offset discounted OVR - 2 years Interest Only BO1339

For loans up to 80% of property value

Product nameOffset discounted OVR - 2 years Interest Only BO1339
Initial rate expires on
30th June 2026
Option to add product fees to mortgageThe product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV.
Legal and Valuation Fees

Re-mortgages: Free valuation and free legal fees (if using bank's own solicitors

Eligibility

Applicants must be aged 18 or over. All loans are subject to status. Security will be required.

Where any part of the mortgage is Interest Only and the LTV is over 75%, this product is only available for properties in London & South East^.

^London & South East defined as: Greater London (post codes starting E, EC, N, NW, SE, SW, W, WC, BR, CR, DA, EN, HA, IG, KT, RM, SM, TW, or UB), Berkshire, Buckinghamshire, East Sussex, Hampshire, Isle of Wight, Kent, Oxfordshire, Surrey, West Sussex.

Maximum loan to value80%
Early repayment chargeNo ERC applies.
Special offers

Remortgage: One free valuation for properties up to £3m and includes a £1000 cash back offer. At mortgage drawdown, the £1000 will be credited to the account from which your mortgage payments will be taken.

Properties over £3m – No incentives

All incentives are subject to qualifying criteria being met

Overpayment permittedYes, without penalty
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Quick links

Our online application makes it quick and easy to apply for your customer

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To discuss product and policy queries, or for advice on making an application, speak to your Clydesdale Bank and Virgin Money BDM.

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For quick info on our products or lending policy, visit our product and lending criteria pages or use our live chat.

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To discuss applications already submitted, please call 0800 917 8363.*

*Monday - Friday, 9.00am - 5.30pm, except Wednesdays, 9.30am - 5.30pm

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